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As the job market is always evolving, new ways of working gain popularity quickly. So did remote working when it became a standard way of working a few years ago. There are many advantages to working remotely, but it can get even better. Allow us to introduce you to the world of digital nomads. You may have heard of it before but thought it was only for a select few. This was also the case in the past with remote working, and just like that, it turned into a standard way of working. Working as a digital nomad is also gaining popularity and becoming a standard way of working for many.

Difference Between Remote Workers and Digital Nomads

At first glance, there may not be any difference between working remotely and working as a digital nomad. These two forms of working do indeed have a lot of similarities. But there are some distinct differences. One of them involves insurance.

As a remote worker, you are able to work anywhere. This usually turns out to be working at home, at a café, or sometimes even on vacation. Many companies offer their employees health, life, and disability insurance as they would in a traditional office setting.

When working as a digital nomad, life may be considered one big vacation as you work in the most beautiful, interesting, or excluded places in the world. It’s all up to you. Therefore, it’s essential to have insurance that covers all your needs when working as a digital nomad. 

Freelancer vs. Direct Employee

In the past, most remote workers used to be freelancers or others who worked on a free basis. Nowadays, direct employees also work remotely, so there isn’t a difference in that anymore. Regarding digital nomads, 98% work as freelancers, other types of contractual workers, or on a free basis. Therefore, as a digital nomad, you are responsible for your insurance.

Insurance Needs for Remote Workers

As we mentioned before, for remote workers, insurance needs are similar to those of office-bound colleagues. Health insurance remains a top priority, with the added advantage of being able to choose from a more comprehensive network of healthcare providers. Life and disability insurance ensure financial security for their families should anything unexpected happen. Remote workers might also consider renter’s insurance if they work from a rented space. If you’re a remote worker and you’re interested in insurance specifically tailored to remote workers, we encourage you to take a look at the Remote Health Insurance at SafetyWing. This is premium health insurance that works in every country across the world.

Insurance Needs for Digital Nomads

Digital nomads require specialized coverage due to their transient nature. Insuring their work gear, such as laptops, tripods, etc., is a must. Trip cancellations are also an important part of many insurance policies for digital nomads. But arguably the most important one is travel insurance for unexpected medical expenses and health insurance that covers international emergencies. Nomad Insurance from SafetyWing is an insurance product that we recommend digital nomads look into if they are looking for reliable and affordable travel medical insurance.

Of course, there isn’t a set way that remote workers or digital nomads should work. This means that remote workers can turn into digital nomads and vice versa. As this is a work situation that often occurs, it is great to have insurance that will cover you in both situations. In this case, we suggest SafetyWings Nomad Health Insurance. This is a global health insurance for remote workers and nomads. This full-fledged health insurance covers your medical needs worldwide, including in your country of residence. Click here to find out more about the Nomad Health Insurance at SafetyWing.

The choice of insurance specifically for remote work or working as a digital nomad ultimately depends on individual preferences and priorities. It is important, though, that you make a choice and make it on time to ensure a secure and worry-free work experience, no matter where you choose to set up your “office.” Make sure to visit SafetyWing to see all the insurance options they offer and choose the one that fits you best. Click here to visit SafetyWing and to find out more about all the insurance products that they have to offer!